Business Update – March 6: 20% of Ukraine trade is illicit, Riaboshapka fired, land market uncertainty
A tractor plows a field in Kyiv Oblast on April 17, 20
News Ukraine
Latest news for today in Ukraine
INFBusiness
4G launched in Kyiv subway despite lack of government support
Representatives of telecommunication companies Kyivstar, Vodafone Ukraine, lifecell and Huawei celebrate the launch of 4G access in Kyiv’s Akademmistechko metro station on March 5, 2020. Around 1.5 million people use Kyiv Metro every day, having to spend 60-120
Fitch believes IMF deal is likely but few others are buying it
The U.S. credit rating agency Fitch Ratings on March 6 gave Ukraine a positive outlook, citing the likelihood of a deal with the International Monetary Fund. The Fitch rating agency believes that Ukraine will be able to reach a deal…
Whistleblower reports $70 million Bitcoin scam with Kyiv roots
The scam is being perpetrated by Ukrainian company Milton Group from two floors of an office building in Kyiv, the report claims. REUTERS A whistleblower has revealed the existence of a 200-employee Ukrainian Bitcoin (BTC) trading scam that netted $70…
Сivil servant detained upon receiving bribe in Kyiv
The official was caught red-handed. Photo from UNIAN A civil servant with the Kyiv city branch of the Social Security Fund for the Disabled has been detained upon receiving a bribe of 17,000 (US$682). “An employee received a UAH 17,000…
Real estate prices in Kyiv set to rise – expert
It would be “useful” for the market since this would allow building better quality housing, he suggests. REUTERS Сo-founder of the LUN.ua portal, Andrey Mima, has said real estate prices in the Ukrainian capital city of Kyiv will rise since…
Kyiv facing total shutdown of gas supplies
This is a result of contractual disagreements between GTS Operator and Kyivgaz. Photo from UNIAN All Kyiv consumers may see a complete halt of gas supplies over the fact that JSC Kyivgaz has not concluded a transmission agreement with the…
Russia-led forces strike Ukraine medical vehicle in Donbas (Photo)
The enemy hit the vehicle with two grenade launcher fragmentation rounds, using UAVs. Photo from JFO HQ The Joint Forces Operation Headquarters (JFO HQ) says Russia’s hybrid military forces have struck a Ukrainian medical vehicle of one of the JFO…
Ukraine reports 1 WIA amid 10 truce violations by enemy forces in Donbas over past day
The enemy employed mortars, banned by Minsk accords, as well as grenade launchers, UAVs, heavy machine guns, and small arms. Photo from UNIAN Russian-led forces in eastern Ukraine’s Donbas over the past day violated ceasefire ten times, according to the…
Another skirmish in Donbas: Ukrainian military truck hit, Joint Forces sustain losses (Update)
One seriously injured Ukrainian military serviceman died as he was being evacuated, a war journalist reported. Ministry of Defense of Ukraine The enemy engaged Ukrainian defenders with 120-120